Indigo East Community Development District

Agenda

February 20, 2018

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Indigo East
Community Development District
135 W. Central Blvd., Suite 320, Orlando, Florida 32801
Phone: 407-841-5524- Fax: 407-839-1526

February 13, 2018

Board of Supervisors Indigo East Community Development District
The Board of Supervisors of the Indigo East Community Development District will meet on Tuesday, February 20, 2018 at 9:00 a.m., or as shortly thereafter as reasonably possible, at the Circle Square Commons, Cultural Center, 8395 SW 80th Street, Ocala, FL. Following is the advance agenda for the meeting:
Roll Call
Public Comment Period
Notice for Meeting
Organizational Matters
Review of Letter of Interest
Appointment of Individual to Fulfill the Board Vacancy with Term Ending November 2020
Administration of Oath to Newly Appointed Supervisor
Consideration of Resolution 2018-02 Electing Assistant Secretary
Approval of Minutes of the November 21, 2017 Meeting
Ratification of License Agreement with On Top of the World Communities, Inc.
Staff Reports
Attorney
Engineer
District Manager
Approval of Check Register
Balance Sheet and Income Statement
Consideration of Series 2016 Arbitration Report
Other Business
Supervisors Requests
Adjournment
The second order of business is the Public Comment Period where the public has an opportunity to be heard on propositions coming before the Board as reflected on the agenda, and any other items.
Enclosed under the third order of business is the affidavit of publication associated with the public notice for this meeting

The fourth order of business are the Organizational Matters. Section A is the re view of letter of interest. A copy of the letter is enclosed for your review. Section B is the appointment of an individual to fulfill the Board vacancy with a term ending in November 2020. A copy of the resignation is enclosed for your review. Section C is the administration of oath to the newly appointed supervisor. Section D is the consideration of resolution 2018-02 Electing Assistant Secretary. A copy of the resolution is enclosed for your review.
The fifth order of business is the approval of the minutes from the November 21, 2017 meeting. The minutes are enclosed for your review.

The sixth order of business is the ratification of the License agreement with On Top of  the World Communities, Inc., a copy of the agreement is enclosed for your review.
The seventh order of business is Staff Reports. Section 1 of the District Managers  Report includes the check register for approval and Section 2 includes the balance sheet and income statement for your review. Section 3 is the consideration of the Series 2016 Arbitration Report. A copy of the report is enclosed for your review.

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,
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George S. Flint District Manager
Cc:		Gerald Colen, District Counsel Ken Colen, On Top of the World
Guy Woolbright, On Top of the World Lynette Vermillion, On Top of the World Darrin Mossing, CMS

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REC,EI�li3DAVIT OF  PUBLICATION

SEP 2 5 2017
BY:_______

Star-Banner
Published - Daily Ocala, Marion County, Florida

STATE OF FLORIDA COUNTY OF MARION

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a  Notary  Public  of  Said  County

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Fetlluery20,2018 May 15, 201JI
August21, 2018

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who  on oath says that  they are an, .!lu.  thor1zed employee of .. e Star-Ban�, a daily newspaper published at Ocala, in Marion County, Florida; that the attached copy of advertisement, being a notice in the matter of
NOTICE OF MEETING DATESINDIGOEAST COMMUNITY DEVELOP!,-{lpVT,.
DISTRICT The Board ofS11pervisors ofthe Indigo East Comm11nity Dei•elopment District will hold their regularly scheduledpublic meetingsfor tlie Fiscal Year 1018 at 9:00 AM, or as shortly thereaft

was published in said newspaper in the issues of:
9/21 Ix

Affiant further says that the said STAR-BANNER is a daily newspaper published at Ocala, in said Marion County, Florida, and that the said newspaper has heretofore been continuously published in said Marion County, Florida, daily, and has been entered as second class mail matter at the post office in Ocala in said Marion County, Florida, for a period of one year next preceding the first publication ofthe attached copy ofadvertisement; and affiant further says that he has neither paid nor promised any person, firm or corporation any discount, rebate, commission or refund for the person of securing this advertisement for publication in the srud newspaper.

Sworn to and subscribed before me this '1-\	day of Se�d(.,rt� A.D., 201]

Notary Public

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Ad #: A000918504

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January 8, 2018

Mr. George Flint GMS
135 W. Central Blvd., Ste. 320
Orlando, Fl 32801 Dear Mr. Flint:
I hereby submit my application to become a member of the Board ofDirectors ofthe Indigo East Development District.

I have been, and remain, a full-time resident ofIndigo East for the past eleven years. I am a registered voter and vote regularly. I am married, and we have two children and six grandchildren. My wife, Marybeth, and I plan to stay in our home until we are physically unable to do so.

I have a B.S. degree in Mathematics from Pittsburg State University ( in Kansas ) and an M.B.A. degree in Quantitative Analysis from the University ofMissouri in
Kansas City. Prior to my retirement, I was a Partner with an International Management Consulting Fi.rm, the Hay Group. It specializes in Human Resources, and I served with it for 23 years. Prior to the Hay Group, I had various positions in government, banking, and another consulting firm. All ofthe work involved my quantitative and analytical background.

In my past work, I have made presentations to many Boards of
Directors in government, banking, insurance, and industry. I served as a Board Member for Missouri Special Olympics.

Thank you for your consideration. Sincerely,

Donald G. Barnes
7948 SW 80th Place Road Ocala, FL 34476

352-236-0465
dgb123061@aol.com	JAN 10 2018

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RESOLUTION 2018-02

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A RESOLUTION OF THE INDIGO EAST COMMUNITY DEVELOPMENT	DISTRICT	ELECTING
AS	ASSISTANT SECRETARY OF THE BOARD OF SUPERVISORS

WHEREAS, the Board of Supervisors of the Indigo East Community District
desires to elect	as an Assistant Secretary.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE INDIGO EAST COMMUNITY DEVELOPMENT DISTRICT:

___	is elected Assistant Secretary of the
Board of Supervisors.

Adopted this 20th day of February, 2018.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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MINUTES OF MEETING INDIGO EAST
COMMUNITY DEVELOPMENT DISTRICT
The Regular Meeting of the Board of Supervisors of the Indigo East Community Development District was held on Tuesday, November 21, 2017 at 9:00 a.m. at the Circle Square Commons Cultural Center at 8395 S.W. 80th Street, Ocala, Florida.

Present and constituting a quorum were:
John Gysen Frank DiPiero Terry Sloan
Also present were:
George Flint Gerald Colen Robert Stepp Phil Hisey
Several Residents

FIRST ORDER OF BUSINESS

Chairman Vice Chairman
Assistant Secretary

District Manager District Counsel
On Top of the World Communities On Top of the World Communities

Roll Call

Mr. Flint called the meeting to order and called the roll.
Mr. Flint: A quorum is present, but Ms. Lafrance resigned prior to the meeting.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint: Are there members of the public that would like to provide comment to the Indigo East CDD Board. on any item on the agenda, or items not on the agenda? Not hearing any public comment, we will proceed.

THIRD ORDER OF BUSINESS	Notice for Meeting
Mr. Flint: The affidavit of publication for the annual meeting notice was included in your agenda for today's meeting. The February, May and August meetings were included in the annual meeting notice, which was published in the Ocala Star Banner.

November 21, 2017	Indigo East CDD

FOURTH ORDER OF BUSINESS	Approval of Minutes of the  August  15,
2017 Meeting
Mr. Flint: We have the minutes from the August 15th meeting. Did the Board have any comments?
Mr. DiPiero: On Page 2, in the second sentence, ''potential bonds" should be "retention ponds", and on Page 8, "Mr. Gysen" should be "Mr. DiPiero".
Mr. Flint: If there are no other comments, we need a motion to approve the minutes, as amended.

On MOTION by Mr. Gysen, seconded by Mr. DiPiero, with all in favor, the minutes of the August 15, 2017 meeting were approved, as amended.

FIFTH ORDER OF BUSNESS	Organizational Matters
Acceptance of Resignation of Board Member and Appointment of Individual to Fulfill the Board Vacancy with a Term Ending November 2020
Mr. Flint: In your agenda is a resignation letter from Ms. Lafrance, indicating that her resignation is effective today. At this time, if the Board's amenable, acceptance of Ms. LaFrance's resignation is in order.

On MOTION by Mr. Solan, seconded by Mr. Gysen, with all in favor, the resignation of Cynthia LaFrance was accepted.

Administration of Oath to Newly Appointed Supervisor
Mr. Flint: Any time that you have a vacancy during the term of a seat, the remaining Board Members appoint a replacement. Does the Board have any nominations at this time?
Mr. Gysen: No.
Mr. Flint: If not, we can place this item on the next agenda. You can continue to operate with four Board Members until such time as you have a nomination to fill that vacancy.
Election of Officers
Consideration of Resolution 2018-01 Electing Officers

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November 21, 2017	Indigo East COD

Mr. Flint: Ms. Lafrance was Vice Chair. In the event that Mr. Gysen is not available as Chairman, I don't know if the Board wants to designate a Vice Chairman, in case we need something executed.
Mr. Solan: I nominate Frank.
Mr. Gysen: I second the nomination.
Mr. Flint:	We will amend Resolution 2018-01, to address the Vice Chairman issue.
Once you fill the other vacancy, we can deal with it at that time.

On MOTION by Mr. Solan, seconded by Mr. Gysen, with all in favor, designating Frank DiPiero as Vice Chairman and the balance of the officers to remain the same, as evidenced by the adoption of Resolution 2018-01 Electing Officers.

SIXTH ORDER OF BUSINESS	Consideration of Agreement with Grau &
Associates for Auditing Services for Fiscal Year 2017
Mr. Flint: The Board went through a competitive selection process, as prescribed by the Statutes, and selected Grau & Associates to prepare the required annual independent audit. This is for a not-to-exceed amount of $3,600. Are there any questions? Not hearing any,

On MOTION by Mr. Gysen, seconded by Mr. DiPiero, with all in favor, the Agreement with Grau & Associates to perform the Fiscal Year 2017 Audit, in the amount of $3,600, was approved.

SEVENTH ORDER OF BUSINESS	Consideration	of	Signage	Plan	and
License Agreement with On Top of the World Communities for Indigo East South Signage
Mr. Flint: The Board previously approved a Signage Plan for a portion of Indigo East, and entered into a License Agreement with On Top of the World Communities (OTOW), for the location and design of those signs. They prepared a Signage Plan for the south or new portion of the project, which is included in your agenda package. I don't know if someone from OTOW wants to present the Signage Plan to the Board.
Mr. Stepp: Robert Stepp of OTOW. In your agenda package, you have a location indicator map for the requested positions of future signs. Once the roadways in the south

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November 21, 2017	Indigo East CDD

development of Indigo are turned over to the District, the License Agreement would allow OTOW to place the signage, similar to existing signage in Indigo, on the south end as well.
Mr. Flint: The design and locations are consistent with, in general, the plan you had in the other section.
Mr. Stepp: Yes, and there's also cut sheets of the proposed signage that's included in your agenda package. They are consistent with existing signage.
Mr. Flint: Right now, OTOW owns most of the areas, and they are requesting, once those are conveyed to the District, that the License Agreement come into effect and allow the signs to stay there. Are there any questions regarding the Signage Plan? Not hearing any, we need a motion to approve the Agreement.

On MOTION by Mr. Gysen, seconded by Mr. DiPiero, with all in favor, the Signage Plan and License Plan Agreement with On Top of the World Communities, Inc., was approved.

Mr. Flint: As part of that motion, District Counsel would draft a License Agreement to go with the Signage Plan, similar to the License Agreement that we have in place for the other signage.
Mr. Colen: I will do that. Do you want me to send it to you, George?
Mr. Flint: Yes. As part of the motion, you are approving the License Agreement in the same from as the prior License Agreement.
Mr. Gysen: Correct.

EIGHTH ORDER OF BUSINESS	Consideration of Agreement with Grau &
Associates to Provide Arbitrage Rebate Calculation Services
Mr. Flint: There was one additional business item, which was added to the Candler Hills East agenda. I would also like to add it to the Indigo agenda. That is for the preparation of the Arbitrage Rebate Calculation Report. It was something that we realized, after the agenda was distributed, that we would like the Board to approve, since your next meeting is not until February. The Arbitrage Rebate Calculation determines whether we are earning more interest than we are paying. You want to earn less interest than you are paying, otherwise, you have an arbitrage issue. It typically is not a problem, but it' s something that we are required to do

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November 21, 2017	Indigo East CDD

annually. The fee for this service is $600. Grau performed this service for the Board in the past. Since we are adding this item to the agenda, do any members of the public have any comment on the proposed Grau & Associates Agreement to perform the Arbitrage Rebate Calculation Report for $600? Hearing no public comment, does the Board have any questions? If not, a motion to approve the agreement would be in order.

On MOTION by Mr. Gysen, seconded by Mr. Solan, with all in favor, the agreement from Grau & Associates to provide Arbitrage Rebate Calculation Services, in the amount of $600, was approved.

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Flint: Gerry do you have anything?
Mr. Colen: No, but I want to wish everyone a Happy Thanksgiving and happy holiday
season.
Engineer
There not being any, the next item followed.
District Manager's Report
Approval of Check Register
Mr. Flint:	You have the Check Register for August 8th through November 14, 2017,
totaling $62,140. The detail is behind the summary. We have the annual insurance renewal with Egis for liability and property, because Indigo has some property, which makes it higher than Candler's policy. It also has a public official's liability component to protect the individual Board Members. There is also an expenditure for the annual Assessment Roll and a larger expenditure for pine straw. The pine straw installation was a budgeted item and an annual cost. Are there any questions regarding the Check Register? Not hearing any, we need a motion to approve it.

On MOTION by Mr. Solan, seconded by Mr. Gysen, with all in favor, the Check Register was aooroved.

Balance Sheet and Income Statement

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November 21, 2017	Indigo East CDD

Mr. Flint: You have the Unaudited Financial Statements for the first month of Fiscal Year 201 8. No action is required. If the Board has any questions, we can discuss those. Our water expenses are higher than what we pro-rated and budgeted. Phillip Hisey is here and maybe he can give us an update on the developer's installation of the well in the new section.
Mr. Hisey: The well at the Indigo South entrance was drilled and power was installed. We are waiting on Marion County's Notice of Commencement and then they will set the meter. Once that is completed, they can make the well live. Right now, we are running off of a temporary connection from the potable supply. In order to install the well in Indigo East, we need to get the switch gears set, which is the step-down transformer for the main power or three­ phased power. That has been set and now we are going to drill the well. I was out last week on vacation, but the well drillers could not drill last week because the gear had not been set, but it's been set now, so we will get moving on it. The electricians are moving forward with that portion. We are also separating that from the 80th Avenue water use by installing a separate well.
Mr. Gysen: Is that the new one across from the entrance? Mr. Hisey: Yes. That way we can have total separation. Mr. Flint: Are there any questions for Phillip?
Mr. Gysen: No.

TENTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	Supervisors Requests
Mr. DiPiero: Were Earthscapes here after the hurricane or was that OTOW? Mr. Gysen: That was Earthscapes.
Mr. DiPiero: A day after the hurricane, they were out here clearing debris. They must have brought out extra crews. They did a really nicejob.
Mr. Hisey: There was a team effort across the community. Each contractor worked on their areas and once they finished, they went to essential areas.
Mr. DiPiero: They cleared 80th Street. Mr. Hisey: It was a team effort.

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November 21, 2017	Indigo East CDD

Mr. DiPiero: That was nice, because it's always messy. They are always harping at the County to cut the grass because it's always overgrown. Those guys came along and did a nice job.
Mr. Hisey: That's good to hear.
Mr. DiPiero: Also, you talked about the access to 80th Avenue at the last meeting to get to the retention pond. You had to move the gate and do some rearranging.
Mr. Hisey: Yes.
Mr. DiPiero:	Your guys did a really nice job on that.	You can't even see it.	They masked it well with shrubs and trees.
Mr. Flint: Is there anything else from the Board? Mr. Gysen: No.

TWELFTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Solan, seconded by Mr. DiPiero, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	ChairmanNice Chairman

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LICENSE AGREEMENT

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This Agreement is made on this     Z.:�day of   £" \,,.,.,.,. r ""        201.!_, by and between INDIGO EAST COMMUNITY DEVELOPMENT DISTRICt, a Florida community development district (herein referred to as "Licensor"), and ON TOP OF THE WORLD COMMUNITIES, INC., a Florida not-for-profit corporation (herein referred to as "Licensee").

RECITALS

WHEREAS, the Licensor is a local unit of special purpose government created in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended, and Licensor was created on November 5, 2002 by Marion County Ordinance #02- 16, and

WHEREAS, the Licensor owns a certain parcel of real property located within its external boundaries, in Marion County, Florida, and such real property is described and depicted on the attached Exhibit "A" (herein referred to as the "Property"); and

WHEREAS, the Licensee is the developer operating within the boundaries of the Indigo East Community Development District; and

WHEREAS, the Licensee, in further of its goals and objectives to develop the Indigo East Community, desires to construct, install or place, or have a constructed installed or placed on its behalf, temporary signage identification at specified locations within the Property;

NOW, THEREFORE, in consideration ofthe sum ofOne and 00/100 Dollars ($ 1 .00), each to the other paid, and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, and in further consideration of the mutual covenants and conditions contained herein and in the exhibits attached hereto to be performed by each ofthe parties hereto, the Parties hereby agree as follows:

Licensor, in consideration of the covenants and agreements made by Licensee herein, grants to the Licensee a nonexclusive license to utilize a portion of the Property not to exceed 100 square feet for the purpose of installing signage identification for the purpose intended (herein referred to as the "Signage"), and such subject portion of the Property is illustrated on the attached Exhibit "A",

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The license granted herein shall be for a term commencing on  Nc -J.:,-L,..  'l.l   , 2012_, and ending on	?.. l , 202.c:) (the "Original Term"), unless terminated sooner as provided for in this Agreement. Upon the expiration of the Original Term, this Agreement shall automatically renew for successive three (3) year terms unless terminated as provided for in this Agreement.
The size, location, style, design, aesthetics, color and placement, as well as the manner and method of installation and removal, ofthe Signage shall be subject to the prior written

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approval of Licensor, provided that such approval shall not be unreasonably withheld, delayed or conditioned.
Licensee shall at all times comply with all laws and ordinances and all rules and regulations, if any, of municipal, state, and federal governmental authorities relating to the installation, maintenance, height, location, use, operation, and removal of the Signage shall fully indemnify Licensor against any loss, cost, or expense which may be sustained or incurred by it as a result ofthe installation, maintenance, operation, or removal ofthe Signage. Licensor makes no representation that applicable laws, ordinances, or regulations permit the installation or operation ofany Signage on the subject real estate.
Licensor grants to Licensee the right, to be exercised as set forth herein, to enter upon the Property for the sole purpose of constructing, installing, maintaining, removing and/or gaining access to Licensee's Signage. Notwithstanding anything contained herein, Licensee's access and utilization ofthe Property shall not cause damage to or interfere with the operation or maintenance of any part ofthe Property (or any of Licensor's improvements located thereon) or with any ofthe Licensor's other operations or activities.

Licensee shall promptly reimburse Licensor for the costs of repair of any damage to the Property, or any improvements located thereon, directly or indirectly caused by Licensee's Signage or the installation, operation, use, maintenance, or removal ofthe Signage ofthe Licensee.

Licensee, at its sole expense, shall be solely responsible for and shall maintain, at all times, its Signage in a safe, structurally sound, clean, attractive and slightly condition and shall indemnify and hold harmless Licensor from and against all liens, encumbrances and claims for or from any and all mechanics, material suppliers, contractors, sub-contractors, sub sub-contractors furnishing labor and materials in the construction and maintenance of same. Licensee hereby specifically acknowledges that it is the sole owner of the Signage, and that Licensee is the sole entity responsible for the maintenance, repair and upkeep ofthe Signage.

Licensee agrees to defend, indemnify, and save harmless Licensor and to assume all liability for death or injury to any persons and all liability for loss, damage or injury to any property incurred or sustained by Licensor arising from, growing out of, or resulting from Licensee's Signage, installation or use ofthe Property or any other adjacent areas where Licensee's equipment may be located, including costs, attorney's fees, and other expenses incurred by Licensor in defending any such claim unless such loss, damage, or injury is due to the negligence of Licensor, its employees, agents, or invitees.
Licensee waives and releases all claims against Licensor, its officers, directors, agents, employees, contractors and servants, and agrees that they shall not be liable for injury to person or damage to property sustained by Licensee or by any occupant of the Property, or any other person, occurring in or about the Property and resulting directly or indirectly from any existing or future condition, defect, matter, or thing on the Property or any part of it or from equipment or appurtenance which becomes out of repair, or from any occurrence, act, negligence or omission of any Licensee's officers, directors, agents, employees, contractors and servants or of any other person; except for the negligence of or omission by Licensor, its officers, directors, agents, employees, contractors and servants.

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The license granted to Licensee shall not be deemed to give to Licensee the exclusive right to use the Property and shall not preclude Licensor from granting a license to others. The rights ofother licensees shall be exercised without causing unreasonable interference with the activities being carried on by Licensee in accordance with this license. Similarly, the rights of Licensee under this Agreement shall be exercised without causing interference with the activities being carried on by other licensees in accordance with their respective licenses. Licensee shall not change or materially alter the Signage without the prior written consent of Licensor.

. No notice or demand related to or required by this Agreement shall be effective unless the notice or demand is in writing and is either delivered personally to the party for whom it is intended, or to an officer ofthe party ifa corporation, or sent by United States registered or certified mail, return receipt requested. Either party may, however, by notice to the other, from time to time designate another address in the United States to which notices mailed more than 1 O days afterwards shall be addressed. Notices mailed as described above shall be effectively given as ofthe date of mailing. Notices shall be mailed to the addresses as listed below:

Ifto Licensor:

Ifto Licensee:

Indigo East Community Development District District Office
135 W. Central Blvd., Suite 320
Orlando, FL 32801 Attn: District Manager

On Top ofthe World Communities, Inc. 8445 SW 80th Street Road
Ocala, FL 34481

Upon any default by the Licensee under this Agreement, Licensor shall provide written notice of such default to Licensee and Licensee shall have thirty (30) days from receipt of such written notice to cure said default. If, due to circumstanced beyond Licensee's control, the default cannot be cured within the thirty (30) day period, Licensee shall be granted additional time, as necessary, to cure the default so long as Licensee commences to cure the default within the thirty (30) day notice period and is diligently pursuing the cure ofthe default. In the event Licensee fails to cure the default within the thirty (30) day period (or, where additional time to cure is required, fails to commence and diligently pursue the cure within the thirty (30) day period) Licensor shall have the right to terminate this License upon written notice to Licensee and said termination shall be effective upon Licensee's receipt of such notice.

Upon the termination ofthis license by Licensor, the Signage installed under the terms of this license shall be removed by Licensee and the area of the Property where they were installed shall be restored by Licensee to as good condition as existed immediately prior to installation of the Signage. Both the removal of the Signage and subsequent restoration, as described herein, shall be completed within thirty (30) days of such termination.

This Agreement shall be binding upon the successors and assigns of the parties, provided that Licensee shall not assign or transfer this License to anyone else without Licensor's prior written consent, which may be withheld at its sole discretion.

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This Agreement may be executed in one or more counterparts, each ofwhich shall be deemed an original and all ofwhich together shall constitute but one and the same instrwnent. The signatures to this Agreement need not all be on a single copy ofthis Agreement and may be facsimiles rather than originals, and shall be fully as effective as though all signatures were originals to the same copy.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed on their behalf by duly authorized representatives, all as ofthe date first set forth above.

INDIGO EAST COMMUNITY DEVELOPMENT DISTRICT

Attest:

Secretary/Asst. Secretary

Title:

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WITNESSES:

ON TOP OF THE WORLD COMMUNITIES, INC.

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Title: -��{'_, (!.._�_:_�---------

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"INDIGO EASTSOUTH"

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EXHIBIT  'A "

LEGAL DESCRIPTION;
A PARCEL OF LAND L 'tlNC IN SfCTIONS 13 AND 18, TO'M-ISHJP T6 SOUTH, RA,VGE 21 £AST, AIARJON COUNTY, FLORIDA. B£/N C MORE PAR71CULARl Y DESCRIBED AS FOll. OWS:

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COMMENCE AT THE NOR THll£ST CORNER OF SAJD S£CT10N 18; THENCE S89"50'J9"E. ALONG NORJH UN£ OF SECTION 18, A OISTANCf Of 1459. 12 FEET TO 1HE NOR1H£AST CORN� OF THE ltfST HAtF Of 1HE NOR THWEST QUARTER OF SAID SECTION 18; rHENCE.  SOO'J1 '27"W.  ALONG  THE'. EAS.r  LJNE  OF  SAID  11!:'Sr HALF,  A  DISTANCE'.  Of  21 14.91	THE'.  POf/','T  OI' BEGINNING; TH£NCE CON1TNUE S00"31'27"W. ALONG SAID EAST UN£. A DISTANCE OF 533.59 FEET TO TH£ NORTHEAST CORNER OF lliE !KST HALF OF THE SOU'THl'EST OUARTER OF SAID SECTION 18; THENCC SOO'J1 '12"W. Al.ONG THE EAST LJNE OF SAID WEST HA1.F. A DISTllNCE OF 2519. 15 FEET  TO  'THE PROPOSED NORTH RFGH T-OF-WA't LINE  OF S W. 95th STREIT (A  120.00 FOOT PUBUC RIGHT
OF  WA Y):   THENCE: ALONG SAJVN    NOR71-f   RIGHT-OF- WA Y  THE FOLLOWING  SE.VEN  (7)  COORSCS:  I) FRO:U  SAID  PffEWOUS  POfNT,
THENCE SOUTHf'ESTERL Y ALOG A NON- TANGENT CURV£ CONCA VE NORll/ERL Y. l1A'ANG A RADIUS OF 1468.00 FEET. A RADIAL BEARING OF N. 1970'05"W., THENCE ALONG THE ARC A DISTANCE OF 400.86 FEIT THROUGlf A CEN'TRAL ANGLE OF 1538'«" TO THE   POINT OF INTfRSECTION  l'r1TH  A  NON- TANGENT UN£;  2)  THENCE N.OJ"2f'25"W..  21. 41 FEET:  J)fflENCE S.86:3'5'.JS"W.,  t:i. 00 FaT;  4)  THENCE S.OJ'24'.25"£,  21. 41  FEET  70  rHf POIN T OF INTERSEC710N  lffTH A  NON- TANGENT CUR�  HA VfNG A  RADIUS OF 146/J.QO FE!T,  A IW)IA/, BEARING OF N.OJ'06'1J"W.  S)  'fHENCE'. ALONG  THE'. ARC A O!STANCE Of'  'l7..5J FEE T  'THROU<;H A.  CENTRAL ANGLE OF OJtJ1'JJ"  ro  THE POINT OF  TANGENCY;  6) THENCE S:89'SS'2o·w..  974.50 Frrr;  7}  i'H£NCE' N.40"J5'27"W.,  81.89 fITT TO TH£ INTERSECTION KfTH THE EAST RIGHT-OF-WA Y LJNE OF SW. 80th A '-f:NUE (A 100 FOO T 'MD£ PUBLJC RIGHT-OF-WA Y): THENCE ALONG SAID  EAST RIGHT-OF- WA Y LINE  Ttlf FOLLOIKNG  THREE: {J)  COURSES:   1)  THENCE N.00"42"16"£.,  883, 18 FEET 2) 1HENCE.  N. 01'42'16"£.,   1516,49  FcET  TO  THE  POINT  OF  CURVA1URE  OF  A.  CURVE  CONCA VE  11£SJfRt. Y,  HA l/fNG  A  RADIUS  OF

·s-e·

117J.(JQ Fff T, A C(NTR.AL ANGI.£ OF 20'#J'2J" J) TH(JICC ALONG TH£ ARC A {)ISTANCE OF 42J.2J F[ET TO A POINT ON TH£ SOUTH RIGHT-OF-WAY LFNE OF' S.W. 84th  SlRfrT (RJCH T-OF-WA Y  'MDrH  VARIES)  TH&JCE C£PARTfNG SAJD EAST RIGl-17-0F- WA 't LINE OF S W. 80th A VENUE AND ALONG SAID soum RIGHT-OF-WAY UNE OF s. w. 84th STREF:r. SAID LINE ALSO Bf.ING THE SOUTHERL Y l/NE OF INDIGO EAS r. PHA� ./ UNITS "A-A " AND	11iE Fot. LOKfNG SIX (6) COURSES; 1) THENCE N,6(J"J4'()6 "'f.,
24. 42  J:E£T  TO  THE PO,NT  OF CURVA TURE OF A  OJ.RV£  CONCA 'di. NORTH'KST!RL Y.  HA VfNG  A  RADIUS  OF 750. 00 FEET. A
CENTRAL ANfJLE OF 10"36'59": 2) TH£NC£ ALONG THE ARC A DISTANCE OF IJB. 97 FEIT TO THE POINT OF REVERS£ CURVA TURE OF A  CUR'tf CONCA I-E SOUT1/£f?L Y.  HA 'ITNG A RADIUS   OF  150.00 FEIT.  A  CENTRAL  ANCU: OF 27"2B'2r Jj  THENCE ALONG  lH£ ARC A DISTANCE or 7T.9J FEET 10 A POIN T OF COUf'OUND CllRVA TIJRE'. OF A ClJRVE CONCAIIE: SOU THE:RL Y. ff.A liJNG A JIAIJJUS OF 650.00 FEH. A CENTRAL ANGLE OF 1JYJ8'J5" 4) THENCE ALONG TH£ ARC A DISTANCE OF 149. 10 F££ T TO A POINT OF REvfRSE CURVA TURE OF A CURl/f: CC:WCA\f NORTffERL Y, HA VfNG A RAOlUS OF .J50. 00 FEET. A CENTRAL ,!,JJ GI.£ OF .J6"45'00" 5) THENCE AlONC mr ARC A DISTANCE'. OF 224.49 FEEr TO A PO/Nr OF R£'4IRS£ CURVA TURE'. Of A CUR'-£ CONCAvt; SOU7H£ASTERL'r.  HA VING A  RADIUS OF 650. 00 FEET.  A  cmmA.L  ANGt.E OF Ol"/3'49N 6)  TH£NC£ ALONG  TH£ ARC A  DISTANCE OF  82. 02 FEIT  TO  TH£ fNTERSf.CTION  VA111  A  NON- TANGENT  UN£.   THENCE  S. 18.32'23"£. ,   4.J..JJ  FEET.-   TlfENCE  N.73'27'14•£..
95,00 FEET TO THE KES7ERLY LfNf OF INDIGO EAST iT?ACT "G-G'; AS PER PLA T THEREOF RECORDED IN PLAT BOOK •9 : PAGES
136 THROU.GH 191, PUBLIC RECORDS OF MARION COUNTY. FI..ORIDA THENCE S 16".J2'2J"'E,, ALONG SA/0 HESTE.Rl Y BOUNDARY OfC JNDICO EAST TRACT "G-G"; 160.82 FEET; TO THE. SOU1HERL Y BOIJNOARY OF SAID INDIGO EAST TRACT ·c-c· rHENCE. ALONG SAID SOU 'THERL r 80UNDARr Of SAJD IND/CO v.sr TRACr ·c-c· THE FOUOWNC SIX (6) COURSES: THENCE N. 7J�1•14•E.• 545.94 FEET:  2)  THENCE  S.69'55'54"£.   7. 19  FEET:  J)  THENC£  N.86YJ4'G6 "E.•  65. 44  F££ T;  4)  THENCE  N.62'04 '06'£.  67.28  FEET;  5)
THENCE N.38TJ4 '06"E..  107.74  FffT.·  6)  THENCC  S, 75"55'54'£.,  22;05  FEET  ro  'THE fNTERSE.CTION  wm  THE EAST LIN£ OF  'fHE MST HAlF OF THE NO/<TH'itE:ST QUAR1eR Or $.4.J() 'S!CTl()N rs, J'()IWSHIP 16 SOU T'H, RANG£ Z1 £AST, MARION COf.JN'fY, f'LORIOA AND 'THE POINT OF BEGJNNiNG SAID PARCEL CON TAIN/NC 102. 19 ACR� MORE OR l.£5$.

COMPOSITE SKETCH
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PREPARED FOR:

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INDIGO EAST SOUTH

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MARION COVNT'f

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Indigo East
Community Development District
Summary of Invoices November 15, 2017 to February 09, 2018

Fund
General Fund

Payroll

Date	Check No.'s
11/ 16/ 17	1190-1191
11 / 17/01	1192
12/ 1/17	1193-1196
12/7/ 17	1197
2/ 11/ 17	1198-1201
12/ 13/ 17	1202-1203
12/ 21/ 17	1204-1206
1/3/18	1207
1/ 4/ 18	1208-1210
1/ 10/ 18	1211
1/ 11 / 18	1212-1216
1/ 15/18	1217
1/18/18	1218-1219
1/ 24/18	1220
1/ 25/ 18	1221
2/5/18	1222-1223
2/7/18	1224
2/8/18	1225-1226

November 2017
Frank Dipiero	50161
John Gysen	50162
Terrance Sloan	50163

Amount
$	4,012.48
$	3,720.24
$	6,331.23
$	979.84
$	4,227.39
$	32,404.49
$	6,054.75
$	9,083.54
$	3,558.37
$	917.47
$	24,825.56
$	9,537.61
$	4,241.35
$	25,839.29
$	114.90
$	1,578.62
$	917.91
$	1,652.30

$	139,997.34

$	184.70
$	200.00
$	184.70
$	569.40
$	140,566.74 I

A*P* 3*00R	YEA*R**-TO-DATE  ACCOUNTS  PAYABLE   PREPAID/COMPUTER  CHECK  REGISTER	RUN	2/12/18	PAGE	1

CHECK DATES 11/ 15/2017 - 02/09/2018 

INDIGO EAST - GENERAL FUND BANK A INDIGO EAST CDD

CDHAECTKE

VEND#	• . D. A. T. EINVOINCVE O• I. C. E. •    • Y• R. EMXOPENDPSTEDATCOCT. #. . SUB	SUBCLASS

VENDOR NAME

STATUS

AMOUNT

• • • • CHECK • • . . . AMOUNT

#

11/16/17 00032	11/ 07/17 LS 16000I 201710 320 -53800-43000 
8250 SW 79 TH TERRACE RD
11/07/17 MED80THO 201710 320 -53800-43000 
11/09/17  ME8D0T82HNDTERR2A0 C1 E7 1M0 ED3 2IA0N-53800 -43 000 

*	1, 839 .8 0
*	32 .6 1

-	-

*	180 .21 

- - -

-MEDIAN SW 82ND/SW 78THTER

BAY LAUREL CENTER COD

- - - - - - - - - - - - - - - - - - - - - - - - -

- - - - - - - - - -2 -, 0 52 -. 6-2   001 190 
*	1,9 59 .8 6

11 /16/17 00032	10/31/17 01-1017	201710 32 0-53800-43000 
OCT NEW METER INSTALL	BAY LAUREL CENTER CDD
11/1 7/17 00035	11 /17/17 11 172017 201711 300-20700-10000 
FY 18 DEBT ASSESSMENTS	INDIGO EAST CDD C/0 USBANK 12/01/17 00002	11/22/17 11222017 201711 31 0-51300-31500 

- - - - - - - - - - -1 -, 9-59-. 8-6 001191 

-

*	3,7 20 . 24
- - - - - -	- - - -3 -,7 -2 0-. 2 -4   001192 
*	1,5 00 . 00

-

-	- -	-	-

PREP/ATTEND COD MEETING

- -CO-LEN  &   WAGONER  P. A. 

- - - - - - - - - - - 1 -, 5 -00 -. 0 -0   001 193 

- -	-	- - - - - -  - - -  - -	- -	-	- -

- - - - - - - - - - - - - - - - - -

- - - - - - - - - -

12/01/17   00047	11 /10/17   4R0 5IG3H2 T  OF201711   320-53800-47300 

12/01/17 00003	11/1 4/17 5-992-59 201711 31 0-51300-42000 

*	3,2 93 . 43

-	-	-

-	-

WAY   - OCT 17	EARTHSCAPES UNLIMITED INC .

*

-	- -	-	- -
36 . 1 1

-	3,2 93 .43 001194 

- - - - - - - - - - - - -

DELIVERY 11/ 03/ 1 7 

-

- - - - - - - -

- - - - -FE-DEX

- - -	- - - -	-

*

1,501.6 9

36.1 1 001195 

12/01/17 00055	11/ 19/17 3395	201711 320 -53800-47000 

-

POND MOWING-NOV17 

- - - - -SH-ARP   SITE   SERVICES ,   LLC

- - - - - - - - - - -1 -,5 -0 1 -. 6 -9   001196 

*

- - - - - - - - - - - - - - - - - - -	- -

*	603 .6 7

12/07/17 00019	12/01/17 171	201712 31 0-51300 -34000 
MANAGEMENT FEES DEC 17 
12/01/17 171	201712 310-51300-34100 

*

INFO TECHNOLOGY DEC 17 

*

12/01/17 171	201712 310-51300-31300 

*

DISSEMINATION FEE DEC 17 12/01/17 171	20171 2 310-51300-51000 
OFFICE SUPPLIES
12/01/17 171	20 1712 310-51300 -42000 

*

POSTAGE
12/01/17 171	201712 310 -51300-42500 
COPIES	GOVERNMENTAL MANAGEMENT SERVICES
INDE INDIGO EAST BPEREGRINO

83 . 33
208 . 33
27 . 83
3. 43
53 .2 5

979 . 84 001 197 

AP 300R

YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/12/18 
*** CHECK DATES 11 /15/2017 - 02/09/2018 ***	INDIGO EAST - GENERAL FUND

#

BANK  A  INDIGO  EAST CDD

PAGE	2

DATE

CHECK    VEND#	 • • D. A• T• EINVOIINCEVO. I. C• E• .   • Y• R. MEXOPENDPSTEDATCOCT. #. . SUB	SUBCLASS 12/11/17 00032	12/05/17 INDIRR7 7 201711 320-53800-43000 
SW 77 TH COURT CULDESDAC 12/05/17 MED82NDN 201711 320- 53800-43000 
MED SW 82NDPL/SW 78TH TER 12/07/17 LS 16000I 201711 320 -53800-43000 
8250 SW 79TH TERRACE RD

-

- - - - - - - - -

- - - -

12/07/17 MED80THN 2017 11 32 0-53800-43 000 

VENDOR NAME

STATUS
*
*
*
*

AMOUNT
54 .4 9
159 .4 9
1,7 05 .8 4
191 . 19

• . • . CHECK . . . • . AMOUNT

- - - - - - - - - - - -

80TH  TERRACE  MEDIAN

-BA-Y  LAUREL  CENTER  COD

2,1 11 .0 1 001198 

12/11/17 00040	10/02/17 11270	201710 320 -53800-47300 
278 BALES OF PINES TRAW

EVERGLADES PINESTRAW , INC .

- - - - - - - - - - - - - - - - - - - - - - - - - - - -

- -	-

12/11/17   00003	11/ 20/17   6D-E0L0 0IV-E0R5Y2 01 11 /7 11 41 / 31 71 0-51300-42000 
- - - - - - - - - - - - - - - - - -	-	- - - - -FE-DEX 12/11 /17 00043	12/06/17 70116409 201711 320-53800-43100 

1, 120 .3 4

*

*	118 . 88 
*	877 . 16

1, 120 .34 0011 99 

118 . 88 001200 

- -	-	-	-

- - -

- - - -

- -

STREETLIGHTING  -  NOV17 
-	- - - - - - - - - -

- -SU-MTER  ELECTRIC  COOPERATIVE ,   INC .

877 .1 6 001201 

12/13/1 7 00035	12/08/17 12082017 201712 300-20700-10000 

-	-	-

FY18 DEBT ASMNTS 11/ 27 12/08/17   1F2 Y0 81280D1E7BT2 0A1 S7M1 2NT3S0 01 -2 /20 7 00-10000 

-	-

-	- - - - - -		- - - - - - - - - - - - - - - - -	IN-DIGO EAST COD C/0 USBANK 12/13/17   00 003	12/05/17   6D-E0L1 4IV-E1R9 Y2 10 11 /7 21 81 / 31 71 0-51300-42000 

- - - - - -	- - - - - --  - - - - - - - - - - -

-  - - - -  - - -		- -	- - - - - - - - - - - - - - -FE-DEX 12/21/17 00047	12/11/17 40919	201711 320 -53800-47300 

*	17 ,7 12 . 60
*	14, 653 .91 

-

*	37 .9 8

*

- - - - - - - - -

-	-	-

3,293 . 43

32 ,3 66.51 001202 

37 .98 001203 

- - - -
- - - - - - - - - - - - -

RIGHT OF WAY MAINT-NOV17	EARTHSCAPES UNLIMITED INC .

12/21/17 00003	12/12/17 6-021-37 201712 310 -51300 -42000 

- - - -

- - -

DELIVERY-12/1 /17 	F-EDEX

- - -	- - -	-
*	36 . 29

-	-

*

- - - - - - - - - -

2,7 25 . 03

3,293 .43 001204 

36.2 9 001205 

12/21/17   00035	12/19/17   1F2 Y1 9128 0D1E7BT2 0T1A7X12AS3M0N0 T- 2 1027 /0 01 9-10000 
INDIGO EAST CDD C/0 USBANK 1/ 03/18 00035	1/02/18 01 022018 201801 300-20700-10000 

- -	-  - - -	- - -2-, 7-2 5-. 03-
*	9, 083 . 54

001206 

FY18 DEBT ASSESSMENTS	INDIGO EAST COD C/0 USBANK
INDE INDIGO EAST BPEREGRINO

9, 083 .5 4 001207 

AP 300R	PAGE

YEAR-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER CHECK REGISTER	RUN	2/12/18	3
*** CHECK  DATES  11 /15/2017 - 02/09/2018 ***	INDIGO EAST - GENERAL FUND
BANK  A   INDIGO   EAST CDD

CHECK  VEND#	• . • • . INVOICE . • • • •  • • • EXPENSED TO . , .		VENDOR NAME DATE		DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS

#

-	FEDEX

1/ 04/18 00003	12/1 9/17 6-029-75 201712 31 0-51300-42000 

STATUS
*

AMOUNT

-	-	-

36 .3 7

. • . • CHECK , . • • • AMOUNT

- - - - - - - - - - - -

DELIVERY 12/8/17 
- - - - - - - - - - - - - -

-	-	- -	- - -

-	-	-	-

*	1,5 01 . 69

36 .37 001208 

1/ 04/18 00 055	12/28/17 3445	201712 320-53800 -47 000 

- - - - - - - - - - - - - - - - - -

1/ 04/18 00022	12/22/17 4856415	201712 310-51300-3 2300 

- - - - - - - - -

POND MOWING-DEC 17	SHARP SI TE SERVICES , LLC

- - - -	- -	-	- 1-, 501-. 69-
*	2,0 20.31 

001209 

TRUSTEE FEE-SER2 016 --FY18 

USBANK

- - - - - - - - - - -2-, 0-2 0-. 3 -1 001210 

1/1 0/18 00019 

1/02/18 172	201801 31 0-51300-34000 
MANAGEMENT FEES JAN18 
1/02/18 172	201801 31 0-51300-34100
INFO TECHNOLOGY JAN18 
1/02/18 172	201801 31 0-51300-3 1300 
DISSEMINATION FEES JAN18 1/02/18 172	201801 310 -51300-51000 
OFFICE SUPPLIES
1/02/18 172	201801 31 0-51300-42000 

*	603 . 67
*	83 .3 3
*	208 .3 3
*

7. 95

*	7.0 5

POSTAGE 1/02/18 172 

- - - - - - - - - - - - - - - - --

COPIES 1/02/18 172 

201801 31 0-51300-42500 

-

201801 31 0-51300-4 1000 

*

-	-

*	6.6 9

1/ 11/18 00032 

1/11/ 18 00 059 

TELEPHONE	GOVERNMENTAL MANAGEMENT SERVICES 1/08/18 INDIRR7 7 201712 320 -53800-43 000 
SW 77TH CT CULDESAC

-

1/08/18  MMEEDD82NS DWD8 2N0D1 P7 L1 2/SW32 07 -8T5 H3 8 T0 E0R-43000 
- -	- - - - - - - - - - - - - - -BA-Y  LAUREL  CENTER   CDD 1/09/18 20048	201801 300-13100-10100 

- - - - - - - -	- - -9-17-.4 7  001211 
*	25 .5 8

-

*	80 .8 8
- - - - - - - - - - - - 1-06-.4 6  001212 
*	22, 800 . 00

WELL INSTALLATION COST	c. w .D.I. INC DBA CITRUS WELL
1/ 11/18 00003	12/26/17 6-037-20 201712 31 0-51300-42000 
DELIVERY 12/15/17	FEDEX
1/ 11/18 00026	1/03/18 16231	201801 31 0-51300-31400 
ARBITRAGE-SER2 01610 /31/17	GRAU AND ASSOCIATES
INDE INDIGO EAST BPEREGRINO

*	- - - - - - - - -  -

-	-

36.3 7

- - - -	- - - -
*	600 .0 0

22 ,8 0 0.00 001213 

36.3 7 001214 

600 . 00 001215 

AP300R 

YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/12/18 
*** CHECK DATES 11/15/2017 - 02/09/2018 ***	INDIGO EAST - GENERAL FUND

VENDOR NAME

BANK  A   INDIGO  EAST CDD

PAGE	4

CHECK  VEND#	• . . • • INVOICE . • . . • . • . EXPENSED TO . . . 
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS

STATUS
*

AMOUNT

• . • • CHECK . . • . . AMOUNT	#

1/11/18 00043 

1/15/ 18 00035 

1/1 8/18 00032 

1/05/18 701 16409 201712 32 0-53800-43 100 
STREETLIGHTING - DEC 17	SUMTER ELECTRIC COOPERATIVE , INC .
1/12/18 01 122018 20 1801 300-20700-10000	*
FY18 DEBT ASSESSMENTS	INDIGO EAST CDD C/0 USBANK
1/08/18 LS 16000I 201712 320-5380 0-43000	*

1,2 82 .7 3

9,5 37 .6 1

710 . 76

1, 282 . 73 001216 

9, 537.6 1  001217 

1/18/18 00047 

1/24/18 00035 

1/25/18 00003

2/05/18 00003 

2/05/18 00055 

1/08/18  M8E2D58 0THS WD  72 90T1H7 1 T2ER3R2A0 C-E5 3R8D00-43000 

- - - - - - - - - - - - - - - - - - -

80TH TERRACE MEDIAN	BAY LAUREL CENTER CDD

RIGHT  OF  WAY  MAINT-DE C17

1/12/18 4 1 2 9 7	2 0 1 7 1 2 3 2 0 - 53 8 0 0 -47300 
EARTHSCAPES UNLIMITED INC .
1/24/18 012420 18 201801 300 -20700-10000 
FY18 DEBT ASSESSMENTS	INDIGO EAST CDD C/0 USBANK 1/0 9/18 6-05 1-11 201801 310-5130 0-42000 

1/16/18	13 00-42000 

DELIVERY 01/ 03/18 
6-058-06 20 1801 31 0-5 

- - - - - - - - - - - - - - - -

- - -

DELIVERY Ol /05-01/1 0/18	FEDEX
1/23/18 6-065-61 201801 310-51300-42000 

- - - -		- - - - - - - - --   - - -	. -

DELIVERY 1/1 2-1/17/18	FEDEX

-

201801 

1/24/18 3480	-	320-5380 0-47000 

*	237 . 1 6

*	3, 293 .4 3

*	25 ,8 39 .2 9

*	38.2 4
*	76 . 66

*	76 .9 3

*	1,5 01.6 9

947 .9 2 001218

3, 293 .43 001219 

25,8 39. 29 001220 

114 .9 0 001221 

76 .9 3 001222 

- - -

POND MOWING-JANIS 
- - -	- - - - - - -

- - -SH-ARP  SITE  SERVICES ,   LLC

*	603 . 67

1,5 01.69 001223 

2/07/18 00019 

2/01/18  1M7A3NAGEMEN2T0 1F8 E0 E2 S 3F1E0B- 158130 0-34000 
2/01/18 173	201802 310-51300-34100 
INFO TECHNOLOGY FEB18 
2/01/18 173	201802 310-51300-31300 
DISSEMINATION FEE FEB18 2/01/18 173	201802 31 0-51300-51000 
OFFICE SUPPLIES
2/01/18 173	201802 310-51300-42000 
POSTAGE

*	83 . 33
*	208 .3 3
*	. 90
*	16.43

INDE   INDIGO  EAST BPEREGRINO

INDIGO EAST - GENERAL FUND

A*P*3* 0C0HRECK  DATES   11/ 15/2017   -   02/09/20 1 Y8EA*R**-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	2/12/18 

#

BANK  A  INDIGO  EAST  CDD

PAGE	5

CDHAECTKE    VEND#	. • D. A• T. EINVOIINCEVO• I. C• E. •    • Y• R. MEOXPENDPSETDATCOCT. #. . SUB	SUBCLASS 2/01/18 173	201802 31 0-51300-42500 

VENDOR NAME	STATUS
*

AMOUNT
5.2 5

AM• • O. U. CNHTECK . • • • . 

2/08/18 00032 

2/08/18 00043 

COPIES	GOVERNMENTAL MANAGEMENT SERVICES
2/05/18 INDIRR77  201801 320-53800-43000	*

*

SW 77TH CT CULDESAC
2/05 /18 MED82NDJ 201801 320-53800-43000 

- - - - - - - - - - - - - - - - - - -

MEDIAN SW8 2ND/SW7 8TH TERR BAY LAUREL CENTER CDD
2/06/18 701 16409 201801 320 -53800- 43100	*
STREETLIGHTING - JAN18	SUMTER ELECTRIC COOPERATIVE , INC .
TOTAL FOR BANK A TOTAL FOR REGISTER

INDE INDIGO EAST BPEREGRINO

24 .9 7
15 . 95

1,6 11 .3 8

139 ,9 97 .3 4
139 , 9 97 .3 4

917 .91 001224 

40.92 001225 

1,6 11 .38 001226 

.	.	.	·-	.	.

•	•	•	•	•	•

•• • • • • • ••
Indigo East
Community Development District

Unaudited Financial Reporting January 31, 2018

•	•	•	•	•	•	•	•	•	•	•	•	•	•	•

Table of Contents

Balance Sheet

General Fund

Debt Service Fund

Capital Reserve Fund

Month to Month

Long-Term Debt

Assessment  Receipt Schedule

Indigo East

Assets:
Cash
Accrued Interest Receivable Investments - Bonds
Series 2016 Reserve Revenue Prepayments
Costs of Issuance
Total Assets Liabilities:
Accounts Payable

For the Period Ended January 31, 2018

Governmental Fund Types
Debt
General Fund	Service
$200,607	---
---	$190

---	$32,905
---	$152,930
---	$169,860
---	---

$200,607	$355,884

$7,897

---

Capital
 	Reserves	
---
---

---
---

$464,910
$464,910

---

Totals   (Memorandum Only)
 	2018	

$200,607
$190

$32,905
$152,930
$169,860
$0

$464,910
$1,021,401

$7,897

Fund Balances:
Restricted for Debt Service Restricted for Capital Projects Assigned
Unassigned

$192,710

$355,884

$464,910

$355,884
$0
$464,910
$192,710

Total Liabilities and Fund Equity

$200,607	$355,884

$464,910

$1,021,401

Revenues:

Indigo East
COMMUNITY DEVELOPMENT DISTRICT
General Fund
Statement of Revenues & Expenditures For the Period Ended January 3 1, 2018
Adopted	Prorated Budget	Actual
Budget	Thru 1/31/18	Thru 1/31/18	Variance

$57

Maintenance Assessments	$195,929	$182,733	$182,733	$0
Interest	$250	$83	($26)
Transfer In	$0	$0	$0	$0
Total Revenues	I	$196,179	$182,816	$182,790	($26)1
Ex enditures:
Administrative

$733

Supervisor Fees	$4,000	$1,333	$600
FICA Expense	$306	$102	$31

$30

Engineering	$1,200	$400	$0	$400
Trustee Fees	$2,050	$2,050	$2,020
Dissemination	$2,700	$900	$833	$67
Arbitrage	$600	$600	$600	$0
Assessment Roll	$5,000	$5,000	$5,000	$0
Attorney	$6,000	$2,000	$1,500	$500
Annual Audit	$3,600	$0	$0	$0
Management Fees	$7,244	$2,415	$2,415	($0)

$27

Information Technology	$1,000	$333	$333	$0
Telephone	$ 100	$33	$7
Postage	$1,450	$483	$662	($178)
Printing & Binding	$800	$267	$162	$104

$333
$83

Insurance	$6,650	$6,650	$6,042	$608
Legal Advertising	$1,000	$0	$333
Other Current Charges	$750	$250	$180	$70

Office Supplies	$250
Property Taxes
Dues, Licenses, & Subscriptions

$30	$53
$0	$0	$0
$175	$175	$0

Total Administrative	I	$44,910	$23,408	$20,590	$2,819 1
Maintenance
Water Expense	$12,000	$4,000	$8,591	($4,591)
Electric Expense	$12,000	$4,000	$4,635
Irrigation Repairs	$3,000	$1,000	$0	$1,000
Retention Ponds	$18,020	$6,007	$6,007	$0
ROW Maintenance	$55,238	$18,413	$27,702	($9,289)
Plant Replacement	$10,000	$1,313	$1,313	$0
Tree Trimming	$3,000	$1,000	$0	$1,000
Pressure Washing	$6,000	$2,000	$0	$2,000
Contingency	$9,700	$3,233	$0
Transfer Out	$22,311	$0	$0	$0
Total Maintenance	$151,269	$40,966	$48,248	($7,282)1
Total Expenditures	$196,179	$64,374	$68,838	($4,463)1
Excess Revenues (Expenditures)		S113,95,                           :	
Fund Balance - Beginning	So
Fund Balance - Ending		so	
2

Indigo East
Community Development District
Debt Service Fund - Series 2016
For the Period Ended January 31, 2018
Adopted	Prorated	Actual
Budget	Thru 1/31/18	Thru 1/31/18	Variance
Revenues:

Assessments - Tax Roll	$113,850	$83,272	$83,272	$0
Prepayments	$0	$ 132,111	$132, 111
Interest	$200	$67	$200	$133
Total Revenues	I	$114,050	$83,339	$215,583	$132,244 I
Ex enditures:
Series 2016
Special Call 11/1	$135,000	$135,000	$190,000	($55,000)
Interest - 11/1	$32,000	$32,000	$32,000	$0
Principal - 5/1	$55,000	$0
Interest - 5/1	$32,000	$0	$0	$0
Total Expenditures	I	$254,000	$167,000	$222,000	(sss,00011
OTHER SOURCES & USES
INTERFUND TRANSFERS	$0	$0	$0	$0
TOTAL OTHER SOURCES & USES	I	$0	$0	$0	so I
Excess Revenues (Expenditures)	I	($139,950)	($6,417)
Fund Balance - Beginning	I	$236,474	$362,302
Fund Balance - Ending	I	$96,524	$355,884

3

Indigo East
Community Development District
Capital Reserves Fund
For the Period Ended January 31, 2018
Adopted	Prorated	Actual
Budget	Thru 1/31/18	Thru 1/31/18	Variance
Revenues:

$1,333

Interest		$4,000		$2,351	$1,017	
Total Revenues

Ex enditures:	I	$26,311	$1,333	$2,351	$1,017 I	
Capital Outlay		$0		$27,411	($27,411)	
Total Expenditures	I	$0	$0	$27,411 		
Excess Revenues (Expenditures)	I	$26,311	($25,061)	
Fund Balance - Beginning	I	$498,414	$489,971	
Fund Balance - Ending		$464,910	

Transfer In	$22,311	$0	$0	$0

I	$524,725

4

Indigo East
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND
Month to Month Detail

Revenues:

Ott	Nov	Dec	Jan

Mar	Apr	May	Jun	Jul	�	Sep	Total

Maintenance Assessments	$2,053	$132,629	$31,621	$0	$0	$0	$0	$0	$0	$0	$0	$182,733

Interest	$9

$14

so	so

so	$0	so	$0	S57

Transfer In	$0	so	so	so	so	$0	so	$0	$0	$0

Total Revenues	I	$2,061	$16,437	$132,643	S31,649	$0	so	so	$0	$0	so	so
ExpendituLes:
Administrative

s182,190 1

SFuICAperEvxipsoernsFeee	$0	S600

$0	$0
$0	$0	$0	so

$0	$0	$0	so	so	so	S600 so	$0	so	so	$0		$31

Engineering	$0	$0

$0	so	so	$0	$0	so	so	$0	so	So

Trustee  Fees	so	$0	$2,020	$0	so	so	$0

So	$0	$0	so	S2,020

Dissemination

$208	S208

$0	$0	$0	so	$0	$0	$0	$0	S833

Arbitrage	so	$0	so

so	so	$0

$0	so	$0	$0	S600

Assessment Roll

so	so	so	$0	so	so	$0	$0	$0	S5,000

Attorney	$0	Sl,500	so	$0	So	So	so	so	so	$0	$0	$0

Annual Audit

$0	so	so	so	$0	$0	$0	so	$0	$0	$0	$0

Management Fees	$604	$604

$604

$0	$0	so	so	$0	$0	$0

Information Technology

$83

S83	$0	so	so	$0	$0

$333

$199

Telephone	$0	$0	so	$7	$0	$0	so	so	$0	so	so	S7

Postage	suo

$112

$0	$0	$0	so	$0	$0	$0	$0	$662

Printing & Binding	$89

S53	$8	$0	$0	so	$0	$0

so	$0	$162

Insurance	$6,042	$0	so	so	$0

so	$0	$0	so

Legal Advertising	$0	so	so	so	so	$0	so	$0	$0	so	so	$0	$0
Other Current Charges	S40	$42	$55	$43	$0	so	$0	$0	$0	$0	$0	$0	$180

Office Supplies

$1	S28	so	$0	$0	$0

$0	$0	$0	$0	$30

Property Taxes	$0	$0	$0	$0	so	$0

$0	$0	so	$0	so

Dues, Licenses, & Subscriptions	S175	$0	so	$0	$0	so	$0	so	$0	$0	so

$175

Total Admini,trat/ve	I	$12,352	$3,321

$1,752	$0	$0	$0	$0	$0	$0	$0	$0	s20,59o I

Maintenance:
Water Expense

$2,111

$1,413	$0	$0	$0

so	$0	$0	$0

Electric Expense	$864	$877	$1,283	$1,611	$0	$0	$0	$0	$0	$0	$0	so	$4,635
Irrigation Repairs	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Retention Ponds	$1,502	$1,502	$1,502	$1,502	$0	$0	$0	$0	$0	$0	so	$0	S6,007

ROW Maintenance	$17,822	$3,293	S3,293

$0	$0

$0	So	so	so	S27,702

Plant Replacement	$1,313	so	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Tree Trimming	so	so	$0	$0	$0	$0	$0

$0	$0	$0	$0	$0

Pressure Washing

$0	$0	$0

$0	$0	$0	$0	$0	$0

Contingency	$0	so	$0	$0

$0	$0

$0	$0

$0	$0

$7,783

Transfer Out	$0	$0	$0	so	$0	$0	$0

$0	$0	$0	so	$0

Total Maintenance	I	525,513

$7,132

$0	so	so	$0

$0	$48,2481

Total Expenditures	I

$11,105	$10,296	$9,572	$0	$0	$0	$0

$0	$0	$0	$68,8381

Excess Revenues (Expenditures)	I.    --..ill�04)	$5,33�   $122,346

— .§22,077

J_Q__	$0	$0	$0_ -	$0

___$0	$0	$0	$113,9521

5

Indigo East

$2,090,000

SERIES 2006B, SPECIAL ASSESSMENT BONDS

INTEREST RATE:	5.45%	
MATURITY DATE :	5/1/2037	
RESERVE FUND DEFIN ITION	6.815% of Outstanding Bonds	
RESERVE FUND REQUIREMENT	$0	
RESERVE FUND BALANCE	$0	
BONDS OUTSTANDING - 9/30/13		
LESS: PRINCIPAL PAYMENT 1 1/1/13	($10,000)	
LESS: PRINCIPAL PAYMENT 5/1/14	($45,000)	
LESS: PRINCIPAL PAYMENT 11/1/14	($10,000)	
LESS: PRINCIPAL PAYMENT 5/1/15	($45,000)	
LESS: PRINCIPAL PAYMENT 11/1/15	($30,000)	
LESS: PRINCIPAL PAYMENT 5/1/16	($50,000)	
LESS: BOND PAYOFF 12/19/16	($1,900,000)	
CURRENT BONDS OUTSTANDING		

SERIES 2016, SPECIAL ASSESSMENT BONDS

INTEREST RATE:	3.561%, 4. 125% 4.500%		
MATURITY DATE:	5/1/2037		
RESERVE FUND DEFINITION	$32,905		
RESERVE FUND REQUIREMENT	$32,905		
RESERVE FUND BALANCE	$32,905		
BONDS OUTSTANDING - 11/17/16		$1,745,000	
LESS: PRINCIPAL PAYMENT 5/1/17		($25,000)	
LESS: PRINCIPAL PAYMENT 5/1/17 Prepayment		($145,000)	
LESS: PRINCIPAL PAYMENT 1 1/1/17 Prepayment		($190,000)	
CURRENT BONDS OUTSTANDING		$1,385,000	

6

INDIGO EAST
COMMUNITY DEVELOPMENT DISTRICT SPECIALASSESSMENTS FY 2018 RECEIPTS MAINTENANCE
Gross Assessments	$208,680.00
Certified Net Assessments [ s:::: :::196,159.Zoj

Date	ACH

Gross ASsessments	Collection	Commissions	Interest Received		Fee		Paid	Income

1   1	. . ...

10 30 11	,	AcH	L s · · ····.- -i;ro4.49. ·s····· ·
...... 11/16/11 ......i............A.�.�............:.s........... 1,420.80. . s.........

100%
Net ASsessments Received

--··· ········----------	-·--------········

--------·-·-·-···:·····-·

--------------·-·-·-·-·-·-·······-··-·-·-·-·-

··· ······ ·········••······•··•······rr························· ··········· ···.········,· ························❖    � -	· ···· ········· ·  ··· · �    •···	·

·- ·-	r

;	::	;

: · ��:

; :�

�:.-: :

··· ---·---------········· ·------------··········· ;····--·-···················- ··············-·- --········i·--------···················i···---··.·········	---···.············------  ·---·
Total Collected	$	186,363.36 $	3,727.27 $	$	96.90 $	182,732.99
Percentage Collected	93%

DEBT SERVICE

�rr ��r

Gross Assessments $110,549.80 Certified Net Assessments r$	103,916.81 . [

Date	ACH

Gross ASsessments Received

Collection Fee

Commissions Paid

Interest Income

Net

100%
ASsessments

Received
- I

�� : �L ]l ]l�I !�lL

·

-	: $  ... ....   . 4. 4· .16 I $ 	44.16

.....11116/11  .. ., ...   .. Ac� ....  . .. LS.... ....... ..9.2�:8.7 '.s..... .	1!!,.�JL..... ..........� ....J .s ......... ........ :.. \.L 	90.8:�3

s"... ..

·······ms11s··· ···,·········· ;..f1=i" 	! $

.	1,sso.61

11/27/17	ACH	; $	18,074.08    $	361 48  ! $	! $	1 $	l7)12.6(i°

1/19/18	!	ACH	: $	-	$

·1s1-·or· $

 :	· ·· · ··.··::·.·..�·.:=.·.-.-·.··.:�-�._._._..: ....·F· ·. ·· _-..�..-.-·.:··.:s. . ...·.···..·-•·.-·.-·.-.-..�- .-..-.-:;f$  .-.-.-.-.-.-.-. ....-_�]...-·{·s_. . .-...7-.-.,-.3.-9..-9..-..6-.-.0-..
.::�:::.�·:·��··.:�·:·:·:·:·�···i:-·�·.·::··.··.··.··.··.··.··:··.··.:···�•·:··�··�··.+··:·IE···············:····· ·I�·.··.··.·.··.··...·...·...·:.··.·{:··.··.··.J·J.·.·.·.·.·.··.··.·.··.··.·.•.··:·.··.·.··.·..��.····.··�Ji·-·.·�···.:·.�·:·:···:·�··�··=··::�··..·.·t.l·.F··�···�·················
--·-��::�=r:  ::�-·--·---:::::�' �$:::-::::::-��::-:::::-::-:::$.::.·..:�:.:.............::·$····	$	··········-···T1 $=::::-:::::::::.:.:.-..
Total Collected	$	84,926.60 $	1,698.54 $	$	44.16  $	83,272.22
Percentage Collected	80%

7

INDIGO EAST COMMUNITY DEVELOPMENT DISTRICT
$1 ,745,000
SPECIAL ASSESSMENT REVENUE REFUN DING BONDS SERIES 2016
ARBITRAGE REBATE REQUIREMENT OCTOBER 31, 2017 

Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS

December 19, 201 7

Indigo East Community Development District Marion County, Florida

2700 North Military Trail • Suite 350 Boca Raton, Florida 33431
(561) 994-9299 • (BOO) 299-4728
Fax (561) 994-5823
www.graucpa.com

Re:	$1 ,745,000 Indigo East Community Development District (Marion County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2016 (the "Bonds")
Indigo East Community Development District has requested that we prepare certain computations related to the above-described Bonds for the year ended  October  31 , 2017 ("Computation Period"). The engagement consisted of the preparation of computations to be used to assist in the determination of the amount, if any,  of the Rebate Requirement for the Bonds for the Computation Period as described in Section 148(f) of the Internal Revenue Code of 1 986, as amended rcode"). You have the ultimate responsibility for your compliance with arbitrage rebate laws; therefore, you should review the calculations carefully.
In order to prepare these computations, we were provided with  the  following information: various trust statements and the Official Statement for the  Bonds.  We did not verify or otherwise audit the accuracy of information provided to us by you or the Trustee, and accordingly, we express no opinion on such information. The attached schedules are based upon the aforementioned information provided to us. A brief description of the attached schedules is attached.
The results of our computations based on the information provided  to  us  indicate  a negative Rebate Requirement of ($1 ,489) for October 31 , 2017.  Consequently,  our results indicate no amount must be on deposit in the Rebate Fund. 

J?,,.. ��

The Rebate Requirement has been determined as described in the Code and the Arbitrage Rebate Regulations. We have no obligation to update this report because of events occurring, or information coming to our attention, subsequent to the date of this report. It is understood that these calculations are solely for the information of, and assistance to, the addressee for the purpose of complying with the Code and the Arbitrage Rebate Regulations. Our report is not to be used for any other purpose.

Grau & Associates

DESCRIPTION OF ATTACHED SCHEDULES
Summary of Rebate Calculations - Provides a summary of the rebate calculations.
Purpose Expenditures Future Value Report - Verifies the rebate calculation. The report future values the purpose expenditures by the arbitrage yield limit to the computation date (October 31 , 2017).
Arbitrage Yield Limit (AYL} Verification Report - Verifies the calculation of the arbitrage yield limit and the arbitrage gross proceeds. Discounts the debt service schedule by the arbitrage yield limit.
True Interest Cost (TIC} Verification Report - Verifies the calculation of the true interest cost and the gross proceeds. Discounts the debt service schedule by the true interest cost.
Unspent Proceeds Report - Verifies the amount of unspent proceeds. Lists purpose expenditures in chronological order.
Internal Rate of Return (IRR) Repor t Via Purpose Expenditures - Verifies the internal rate of return for the investment portfolio. This report presents values the purpose expenditures by the internal rate of return to the delivery date.

Indigo East COD
Series 20 16 Special Assessment Revenue Refunding Summary of Rebate Calculations
$ 1,745,000.00

Dated: Delivered:

11/08/2016 
11/08/2016

Anniversary Date. . • . . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	05/01/2017 	
F11t11re-Vaine Date. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . , . . . . .	1 0/31/2017 	
Arbitrage Yield Limit. . . . . . . . . . . . . . . . . . . . . . . . . . • . . . . . . • . . . . . . . . . . . . . . 	4.2559827	
T()/al ofP11,pose Expenditures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	$1 ,709,658.00	
Internal Rate ofRetun,. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	0.1448135	
90% ofrebate liabili!J. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . • . .	-$1 ,340. 12 	
F11I/ rebate liability. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	-$1 ,489.03	

INDIGO EAS-2016-A I FY: 1 I Mun-EaseElevateMainDb I 16.95f EDB I 1 2/1912017 I 15:8 I Rp122
Grau & Associates
Grau & Associates C PAs

PaC]e	1

Indigo East CDD	Dated:	11/08/2016 	
Series 20 16 Special Assessment Revenue Refunding	Delivered:	11/08/2016	
Purpose Expenditures Future Value Report	Future ValHed To:	10/31/2017
$ 1 ,745,000.00

Tran1actio11	Gro,ip   Fund		F11t11re i 'a/11r  Cak11/atio11 A,nt			FV		FV Date		ID	ID	Description		Periods	(Int. Eamings)	Pool %	Factor	A111ot111t
1 1/8/2016 	-1 	COi	Beg. Arbitrage Gross Proceeds	1 .9611111 	-l,742,511.15 	100,0000000	1 .042 1589	-l,815,973.54	
11 /8/20 16 	20 17 		Underwriter's Discount	1.961 1111 	34,900.00	l 00.0000000	1 .042 1589	36,371.35	
1 1/8/2016 	2017 		Transferred Funds	1 .961 1111 	-251 ,652.00	1 00.0000000	1 .042 1589	-262,261 .38	
1 1/8/2016 	2017		Payment to escrow	l .96lllll 	1,868,480.00	I 00.0000000	1 .0421589	1,947,253.10 	
11/1 7/2016	20 17 		COi	1 .9 111111 	48,072.00	1 00.0000000	1.0410623	50,045.95	
11/30/2016	2017		COi	1 .8388889	3,250.00	I 00.0000000	1.0394803	3,378.31	
1 2/2/2016 	2017		Reserve	l.8277778	1 .00	100.0000000	1 .0392371	1 .04	
1 2/6/2016 	2017		COI	1 .8055556	2,925.00	100.0000000	1.0387509	3,038.35	
l /4/2017	20 17 		Reserve	1 .6500000	3.00	I 00.0000000	1 .0353541	3. 11 	
2/2/2017	20 17 		Reserve	1 .4944444	4.00	I 00.0000000	1 .03 19684	4. 13 	
3/2/2017 	20 17 		Reserve	1.3277778	4.00	I 00.0000000	1.0283531	4. 11 	
4/4/201 7	2017 		Reserve	1.1 500000	4.00	I 00.0000000	1 .0245 1 07	4.10	
S/2/20 17 	20 17 		Reserve	0.9944444	5.00	I 00,0000000	1 .0211604	5.1 1	
5/18/2017 	2017		COi	0.905S5S6	3,634.00	100.0000000	1 .01.92509	3,703.96	
6/2/2017 	2017 		Reserve	0.8277778	6.00	100.0000000	1 .0175830	6. 11 	
7/5/2017	2017		Reserve	0.6444444	5.00	100.0000000	1 .0136623	5.07	
8/2/2017	2017		Reserve	0.4944444	6.00	I 00.0000000	1.01046S7	6.06	
9/5/2017	2017		Reserve	0.3111 111 	6.00	1 00.0000000	1.0065725	6.04	
1 0/3/20 17 	201 7		Reserve	0.1555556	5.00	100.0000000	1.0032809	5.02	
1 0/3 1/2017	-.1		Unspent Proceeds as of 10/31/201 7	0.0000000	32,905.00	1 00.0000000	1.0000000	32,905.00	
					S1 .8S			-1 ,489,03	

Arbilrage Yield Limit (AYL) . . . . .... . . . , . . .	4.2559827	
InternalRate ofRetur11 (IRR) . . . . . . ..... ... 	0.1448135	
Future Vaf11ed To.. . . . . . . . . . . . . ........... 	1 0/3112017	

INDIGO EAS-2016-A I FY: 1 I Mun-EaseElevateMalnQb I 16.95f EDB I 12/1 9/2017 1 15:8 I Rptt5a
Grau & Associates
Grau & Assoc·iates C PAs

Paqe	1

Indigo East CDD	Dated:	11/08/2016 
Series :20 16 Special Assessment Revenue Refunding	Delivered:	11/08/2016 
A.Y.L. Verification Report	FMS Bond.t

I ,745,000.00

MSRB 30/360 SEMI 4/3

Coupon	Principal	Coupon	lnltmt	C,rd. Enh./	Periodic	Preient Va/11e	Dim11nted
Period	Dair	Payment	Rate	Payi11ent	SinkJ11g F""dAdj	Debt Service	Factor	Debt Servire
05/01/2017	25,000.00	3.000	33,966.25	58,966.25	0.9799656	57,784.90
2	11/01 /2017	34,965.62	34,965.62	0.9595466	33,551.14 
3	05/0l /i018	60,000.00	3.000	34,965.62	94,965.62	0.9395529	89,225.23
4	11/0l/20l8	34,065.62	34,065.62	0.9199759	31 ,339.55
5	05/0 1/2019	60,000.00	3.000	34,065.62	94,065.62	0.9008068	84,734.95
6	1 1/01/2019	33,165.62	33,165.62	0.8820372	29,253 .3 1
7	05/0 1/2020	65,000.00	3.500	33, 165.62	98,165.62	0.8636586	84,781 ;58 
8	1 1/01/2020	32,028.12	32,028. 12	0.8456630	27,084.99
9	05/01/202 1	65,000.00	3.S00	32,028.12	97,028.12	0.8280423	80,343.39
10	1 1/01/202 1	30,890.62	30;890.62	0.8107888	25,045.77
11	05/01/2022	65,000.00	3.500	30,890.62	95,890.62	0.7938948	76,127.06
12	1 1/01 /2022	29,753.12	29,753. 12	0.7773528	23,128.67
13	05/01 /2023	70,000.00	3.500	29,753.12	99,753.12	0.7611S54	75,927.63
14	11/01/2023	28,528.12	28,528.12	0.7452956	21,26 1 .88 
15	05/01/2024	70,000.00	3.750	28,528. 12	98,528.12	0.7297663	71,902.50
16	ll/01/2024	27,215.62	27,215.62	0.714560S	19,447 .21
05/01/2025	75,000.00	3.750	27,215.62	1 02,2 15.62	0.6996715	71 ,517 .36 
18	1 1/01 12025	25,809.37	25,809.37	0.6850928	1 7,681.81 
19	05/01 /2026	80,000.00	4.125	25,809.37	105,809.37	0.6708179	70,978.82
20	11/01/2026	24,159.37	24, 159.37	0.6568404	15,868.85
21	05/01 /2027	80,000.00	4.125	24,159.37	1 04, 159.37	0,643 1541	66,990.52
22	11/01/2027	22,509.37	22,509.37	0.6297530	1 4,1 75.34
23	05/01/2028	85,000.00	4.125	22,509.37	1 07,509.37	0.61 663 11	66,293.63
24	11 /01/2028	20,756.25	20,756.25	0.6037827	12,532.26
25	OS/01 /2029	85,000.00	4.12S	20,756.25	105,756.25	0.591 2020	62,S23.30
26	11 /01 /2029	19,003.13	1 9,003. 13	0.5788834	11 ,000.60
27	05/01/2030	90,000.00	4. 1 25	1 9,003.1 3	1 09,003 .13	0.566821S	61,785.31
28	11 /0 1 /2030	17,146.88	17,146.88	0.5550109	9,5 16.71
29	05/01/203 1	95,000.00	4. 125	I 7, i46.88	112,146.88	0.5434464	60,945.82
30	11 /01/203 1	15,187.SO	15,187.SO	0.5321229	8,08 1 .62
31	05/01 /2032	1 00,000.00	4.500	151 1 87.SO	I I S,187.50	0.521 0353	60,016.75
32	11/0 1/2032	12,937.50	12,937.50	0.5101787	6,600.44
33	05/01/2033	105,000.00	4.500	12,937.50	117,937.50	0.4995484	58,915.49
34	1 J /01 /2033	1 0,575.00	1 0,575.00	0.4891 395	5,172.65
35	OS/0 1/2034	11 0,000.00	4.500	1 0,575.00	120,575.00	0.4789476	57,749. 10
1 1/0 1/2034	8,100.00	8,100.00	0.4689680	3,798.64
37	DS/0 1 /2035	11 5,000.00	4.500	8,100.00	123,100.00	0.4591 963	56,527.07
38	11 /01/2035	5,512.50	5,5 12.50	0.4496283	2,478.58

39

05/0 1/2036	120,000.00	4.500	5,512.50	125,512.50	0.4402596	SS,258.08
40	1 1/01/2036	2,812.50	2,8 12.50	0.43 10861	1 ,21 2.43
41	05/01/2037	125,000.00	4.500	2,812.50	127,812.50	0.4221 038	53,950. 14

INDIGO EAS-201 6-A. I FY: 1 I Mun-EaseElevateMainDb I 16.95f EDB I 12/19/2017 I 15:9 I Rpt01h
Grau & Associates
Grau & Associates C PAs	Pc1ge	1

A.Y.L. Verification Report
1,745,000.00

PMS Bonds
MSRB 3O/360 SEM1 4/3

	Co11pon	Principal	Collj>on	Interut	Cred Enh./	Periodk	Prrm1t i"a/1,e	Discounted	
Period	Dole	Pq)'llltlll	Rate	Pqyme.nt	Si,;king F1111dArfj	Debt Service	Factor	Debt Servite	

1,745,000.00

904,209.91

0.00

2,649,209.91

l,742,511.07

Indigo East COD	Dated:	11/08/2016	
Series 20 16 Special Assessment Revenue Refunding	Delivered:	11/08/2016	

True Interest Cost (IJC)	• . 	U812751	Face  value ofbond Issue.	. . . . . . • . . .. .	$1 ,745,000.00	
Net Interest Cost (NIC). . . . . . . . . . . . . . . . . . .	4.4449485	Accrued interest (+) . . . . . . . . . . . . . ... . . .		
Arbitrage Yield Limit (AYL) . . . . . . . . . . . . . . 	4.2559827	Original issue premium/discount (+). . . . . .	($2,488.85)	
Arbitrage Net Interest Cost (ANIC). .	4.2901724	8011d suretyfee (-). . . . . . . . . . . . . . . . . . . . .	$0.00	
		Lump-sum credit enhancements (-). . . . . . . .	$0.00	
		Other A YL costs (-) . . . . . . . . . . . .  . . . . . . .
=AYL Target.  . . . . . . . . . .     . . . .	
$1,742,511.15 	

INDIGO EAS-201 6-A I FY: 1 1 Mun-EaseElevateMalnDb I 16.95fEDB I 12/19/2017 I 15:9 I Rpto1h
G rau & Associates
Grau & Associates C PAs	P�ge	2

Indigo East COD

I
MSRB  JO/J60SEAf/ 4/J
Series 20 16 Special Assessment Revenue Refunding	FMS Bondi
T.I.C. Verification Reoort  (Regular)	D11ted:	11/8/2016
1,745,000.00	D,li11t�d.-	11/8/2016

Period	Co,,pon Date	Prindpal Pqyment	Coupon
Rate	Inteml Pqyment	Credit E11ha11ct111ents	Periodic Debt Service	Pment Value
Faf/Or	DiJcormted Debt Service	
	5/1/2017 	25,000.00	3.000	33,966.25		58,966.25	0.9789279	57,723.71	
2	11/1/2017 			34,965.62		34,965.62	0.9574744	33,478.68	
3	5/)/2018 	60,000.00	3.000	34,965.62		94,965.62	0.9364910 	88,934.45	
4	11/1/2018 			34,065.62		34,065 .62	0,9159675	31 ,203.00	
5	S/1/2019	60,000.00	3.000	34,065.62		94,065.62	0.8958937	84,272.80	
6	11/1/2019			33,165.62		33,165.62	0.8762599	29,061 .70	
7	S/1/2020	65,000.00	3.500	33,165.62		98,165.62	0.8570564	84,133.47	
8	11/1/2020			32,028.12		32,028.12	0.8382737	26,848.33	
9	5/1/202 1	65,000.00	3.500	32,028. 12		97,028.12 	0.8199027	79,553.62	
10	11/1/2021			30,890.62		30,890.62	0.8019342	24,772.25	
11 	5/112022	65,000.00	3.500	30,890.62		95,890.62	0.7843596	75,212.73	
12	11/1/2022			29,753.12		29,753.12	0.7671701	22,825.70	
13	5/1/2023	70,00MO	3.500	29,753.12 		99,753.12 	0.7503573	74,850.48	
14	11/1/2023			28,528.12 		28,528.12 	0.7339130	20,937.16 	
IS 	5/1/2024	70,000.00	3.750	28,528. 12 		98,528.12 	0.7178290	70,726.34	
16	11/1/2024			27,215.62		27,215.62	0.7020976	19, 108.02	
17 	5/1/2025	75,000.00	3.750	27,215.62		102,21 5.62	0.6867109	70,192.58	
18 	ll/1/2025			25,809.37		25,809.37	0.6716614	17,335.16	
19	5/1/2026	80,000.00	4.125	25,809.37		105,809.37	0.65694 17 	69,510.59	
20	11/1/2026			24,159.37		24,159.37	0.6425446	1 5,523.47	
21 	5/1/2027	80,000.00	4. 125	24,159.37		1 04,159.37	0.6284630	65,460.3 1	
22	11/1/2027			22,509.37		22,509.37	0.61 46900	13,836.29	
23	5/1/2028	85,000.00	4.125	22,509.37		1 07,509.37	0.6012189	64,636.67	
	11/1/2028			20,756.25		20,756.25	0.5880430	12,205.57	
25	5/1/2029	85,000.00	4.125	20,756.25		1 05,756.25	0.575 1558	60,826.32	
26	11/1/2029			19,003.13 		19,003.13	0.56255)1 	1 0,690.23	
27	5/1/2030	90,000.00	4.125	1 9,003.13 		109,003.13 	0.5S02226	59,975.99	
28	11/1/2030			17,146.88		17,146.88	0.5381643	9,227.84	
	5/1/2031 	95,000.00	4.tiS	17,146.88		1 12,146.88	0.5263702	59,030.78	
	11/1/2031			15,187.50		15,187.50	0.5148347	7;819.05	
31 	5/1/2032	100,000.00	4.S00	15,187.50		11 5,1 87.50	0.5035519	58,002.88	
	11/1/2032			12,937.50		12,937.50	0.4925 164	6,371 .93	
33	5/1/2033	105,000.00	4.500	12,937.50		117,937.50	0.481 7227	56,813.17	
	11/1/2033			10,575.00		10,575.00	0.4711 656	4,982.58	
35	5/1 /2034	11 0,000.00	4.500	10,57S,OO		120,575,00	0.4608399	55,565.77	
36	I J/1/2034			8,100.00		8,1 00.00	0.4507404	3,651.00	
	511/2035	115,000.00	4.500	8,100.00		123,100.00	0.4408623	54,270.15 	
38	11/1/2035			5,512.50		5,512.50	0.431 2006	2,376.99	
	5/1/2036	120,000.00	4.500	5,51 2.50		12S,S12.50	0.4217 507	52,934.99	
40	11/112036			2,812.50		2,812.50	0.4 125079	1,160.18	
41	5/1/2037	125,000.00	4.500	2,812.50		127,812.50	0.4034677	51 ,568.21	

37

INDIGO EAS-2016-A I FY: 1 I Mun-EaseElevateMalnDb j 16.95f EDB j 12/1912017 1 15:9 I Rpto1a
Grau & Associates	Pane	1
Grau & Associates C PAs

Indigo East CDD
Series 10 16 Special Assessment Revenue Refunding

2
MSRB JO/360 SR\fl 1/J
FMS Bonds

T.I.C. Verification Reoort (Regular)
I ,745,000.00

Dated: Dtlive"d:

11/8/2016
11/8/2016

Coupon

Principal

Co,,pon

Interest

Credit

Periodic

Present Va/ue

Disco,mftd

Period	Date	Pay111mt	Rate	P'!}me11t	Enl,mmments	Debt Strvict	Far/or	Debt Servire	
		
1, 745,000.00		
904,209. 91	0. 00	
2,649,209. 91	
1, 707,611.11	
True h1terest Cost (TIC) . . . . . . . . . . . . . . . . . . . . .	4.4812751	Face value  ofbond Issue. . . . . •	• • .	$1 ,745,000.00	
Net Interest Cost (NIC). . . . . . . . . • • • • • • . . . . . . .	4.4449485	Accrued i11terest (+) . . . . . . . . . . . . . . . . . . .		

Arbitrage YieldLimit (AYL)	4.2559827
Arbitrage Net Interest Cost (AN/CJ .	. . •	4.2901 724

Origi11a/ issue premiumldiscount (+) . . . . . 
Underwriter discount (+) . . . . . . . . . . . . . . 
lump-sum credit e11l1a11ceme11ts (·) . . . . . . . .
Other TIC costs (-) . . . . . . . . . . . . . . . . . . . .
Bo11dsuretyfee (·) . . . . . . . . . . . . . • . . . . . . 
= TIC Target   . • . . . . . . . • . . . . . 

($2,488.85)
($34,900.00)
$0.00

NIA
$1 ,707,611.15

INDIGO EAS�2016·A I FY: 1 1 Mun-EaseElevateMainDb I 16.95f EDS I 12119/2017 I 15:9 I Rpt01a
G rau & Associates	Pane	2
Grau & Associates C PAs

Indigo East CDD	Dated:	11/08/2016
Series 201 6 Special Assessment Revenue Refunding	Delivered:	11/08/2016
Unspent Proceeds Report
$ 1 ,745,000.00

Datt.	JD	P,11p	ID	Desmj,liot1	A111c11nt	Pern11tage	l11£V!Ilnm1I	Expmditurrs	Promds	
1 1/08/20 16	·1	N	COi	Beg. Arbitrage Gross Proceeds		I 00.0000000			1,742,Sll.JS 	
11 /08/2016 	2017	y		Underwriter's Discount	34,900.00	I 00.0000000		34,900.00	1,707,611.15 	
1 1/08/2016 	2017	y		Transferred Funds	-251 ,6S2.00	100.0000000		-251 ,652.00	1,959,263.JS 	
1 1/08/20 16 	2017	y		Payment to escrow	1,868,480.00	I 00.0000000		1,868;480.00	90,783 .IS 	
11 /17/2016 	2017	y		COi	48,072.00	I 00.0000000		48,072.00	42,7 11.15 	

1 1/30/2016 	
2017	y		cor	3,250.00	100.0000000		3,250.00	
39,461 .1 S	
12/02/2016	2017	y		Reserve	1 .00	100.0000000		1 .00	39,460. 15 	
1 2/06/2016 	2017	y		COi	2,925.00	I 00.0000000		2,925.00	36,S35.15 	
01104/2017	2017	y		Reserve	3.00	I 00.0000000		3.00	36,532.15 	
02/02/2017	2017	y		Reserve	4.00	100.0000000		4.00	36,528.IS 	
03/02/2017	2017	y		Reserve	4.00	100.0000000		4.00	36,524. 15 	
04/04/201 7	2017	y		Reserve	4.00	I 00.0000000		4,00	36,520.15 	
OS/02/2017	2017	y		Reserve		100.0000000		5.00	36,S IS.IS 	
OS/1812017	2017	y		COi	3,634.00	I00.0000000		3,634.00	32,881 .15	
06/02/2017	2017	y		Reserve	6.00	I 00.0000000		6 00	32,875.15	

07/05/2017	
2017	
y		
Reserve	5.00	
100.0000000		
5.00	
32,870. IS 	
08/02/2017	2017	y		Reserve	6.00	100.0000000		6.00	32,864. 15 	

09/05/20 17 	
2017	
y		
Reseivc	
6.00	l00.0000000		6.00	
32,858.15	
1 0/03/2017 	2017	y		Reserve		100.0000000		S.00	32,853.1S 	
					
1,709,6S8.00		o.oo	
1,709,6S8.00		

Colt	Grp	F11t1d	Grou	Pool	No1,p11rpo1e	Purpose	U,11pe11t

First Investment Date. . . .. . . . . .. . . . . .......... 	11/8/2016	
Calculation Date . . ....... , ........ ,	,	10/31/2017	
Arbitrage Yield Limit (A YL). . . ... . . . . .. , . , ..... 	4.2559827	
Internal Rate ofReturn (IRR). ..... , . . . . . . . .... 	0.1448135	

INDIGO EAS-201 6-A I FY: 1 1 Mlin-EaseElevateMalnDb I 16.95f EDB I 12/19/2017 I 15:B I Rpt11
Grau & Associates
Grau & Associates C PAs	Page	1

Indigo East CDD	Dated:	11/08/2016 	
Series 20 16 Special Assessment Revenue Refunding	Delivered:	11/08/2016	
I.R.R. Report Via Purpose Expenditures			
$ I, 745,000.00			
G,p	Trans	F11nd		D'!] Co1111t	Calmlation Ami	P()o/	** Internal	Rate ofF.lt11m **	
ID	Date	ID	Desmptio,,	Fa(/or	(Interest Eami11g1)	P(tg	PV Fa,tor	PVA111t	
-1   11/08/20 16 		Beg. Arbitrage Gross Proceeds	0.0000000	{1,742,S!l. 15)	1 00.000	l.0000000	(1 ,742,Sll. 15)	
2017 11 /08/2016 		Transferred Funds	0.0000000	(251 ,652.00)	100.000	1 .0000000	(2S 1,652.00)	
I 1/08/2016 		Payment to escrow	0.0000000	1,868,480.00	100.000	1.0000000	1 ,868,480.00	
11/08/2016		Underwriter's Discount	0.0000000	34,900.00	.100.000	1 .0000000	34,900.00	
11/17/2016 		COi	0.0500000	48,072.00	1 00.000	0.9999638	48,070.26	
11 /30/2016		COi	0.1222222	3,250.00	100.000	°'9999 115 	3,249.71 	
12/02/2016		Reserve	0.1333333	1.00	1 00.000	0.9999035	1.00	
1 2/06/2016		COi	0. 1555556	2,925.00	100:000	0.9998874	2,924.67	
01/04/2017 		Reserve	0.3111111 	3.00	100.000	0.9997748	3.00	
02/02/2017 		Reserve	0.4666667	4.00	1 00:000	0.9996623	4.00	
03/02/2017 		Reserve	0.6333333	4.00	100.000	0.9995417	4.00	
04/04/2017 		Reserve	0.81111 II 	4.00	100.000	0.9994131 	4.00	
05/02/2017		Reserve	0.9666667	5.00	100.000	0.9993006	5.00	
05/1 8/2017 		COi	l.0555556	3,634.00	100.000	0.9992363	3,631.22	
06/02/2017		Reserve	1. 1333333	6.00	1 00.000	0.9991 800	6.00	
07/05/2017 		Reserve	1 .31 66667	5.00	100.000	0.9990474	5.00	
08i02/2017		Reserve	1 .4666667	6.00	100.000	0.9989390	5.99	
09/05/201 7		Reserve	1 .6500000	6.00	100.000	0.9988064		
1 0/03/201 7		Reserve	1.8055556	5.00	1 00.000	0.9986940	4.99	
99999 1 0/3 1/2017 		Unspent Proceeds asof 10/31 /20 17 	1 .961 1111 	32,905.00	1 00.000	0.99858 1S 	32,858,33	
				SI.85			0.00	

Arbitrage Yield Limit ........... .... .
Internal Rate ofRetum •••.••••.•••.. 
Calculation Standard . . .... .... .. .. . .

4.2559827
0.1448135
MSRB 30/360 SEMI 4/3

INDIGO EAS-2016-A I FY: 1 1 Mun-EaseElevateMainDb I 16.95f EDB I 12/19/2017 1 15:8 I Rpt09c
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